Thank you very much for the information but most accountants/brokers are looking to make money and do not do the right thing for the customer. I recently saw a broker in Melbourne who advised me to hold off all payments for the investment properties and pay off my home loan first. The negative geared loans will accumulate the interest for a year which then is not tax deductible.

I thought the ATO had made this illegal.

Your thoughts on the above would be greatly appreciated.

Regards
Vinny[blink]